If you are new to this video series, it covers the top 12 artificial intelligence stocks focused on growth and disruptive innovation. I have done my best to find the highest-growth companies in a variety of sectors with disruptive growth trends. Last time, I shared three stock ideas covering the following megatrends: fintech, healthcare, and space exploration. Today, I am covering my top AI stocks for cybersecurity and digital transformation.
In the video below, I break down machine learning (ML) and discuss three types:
- Supervised learning
- Unsupervised learning
- Reinforcement learning
After the ML background, I provide analysis on my favorite AI stock ideas focused on cybersecurity and digital transformation (stocks eight and nine in the series):
Crowdstrike (NASDAQ:CRWD) is the leader in endpoint security. Crowdstrike's Falcon platform stops breaches through both prevention and response, a process known as endpoint detection and response (EDR). It uses agent-based sensors that can be installed on Mac, Linux, and Windows platforms. Crowdstrike relies on a cloud-hosted SaaS platform that manages data and prevents, detects, and responds to threats. Both malware and non-malware attacks are covered via Crowdstrike's cloud-delivered technologies in a lightweight solution.
Cyberattacks continue to be a major threat, and the total addressable market for cybersecurity is enormous. Crowdstrike leverages artificial intelligence and machine learning and has been a monster since its IPO in 2019, growing into a $60 billion market cap company.
DocuSign (NASDAQ:DOCU) offers more than most people realize. Its business consists of four primary pillars -- manage, prepare, sign, and act -- which collectively are called the DocuSign Agreement Cloud. The company continues to expand offerings, and its recent earnings results prove it. DocuSign leverages AI for contract and risk analysis. I break it down in the video below.
I also include several bonus stock picks to explore, such as Darktrace (OTC:DRKT.F). You won't want to miss this series. Please watch the video below and subscribe to make sure you don't miss the upcoming videos.
*Stock prices used in the below video were during the trading day of September 7, 2021. The video was published on September 7, 2021.